Circle Internet (CRCL) announced a partnership with Polymarket. Currently, Polymarket uses Bridged USDC on Polygon as collateral for all trading activity. As part of this partnership, Polymarket will transition to native USDC in the coming months. Native USDC is issued by Circle’s regulated affiliates and is redeemable 1:1 for U.S. dollars, providing a more capital efficient, scalable, and institutionally aligned settlement standard as Polymarket’s platform continues to grow.
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